|COMMENT||$14.980||OPTIMISTIC||PERSONAL FINANCE & ETFs||Unknown|
Are covered Call ETF’s any good, will they fluctuate or be fairly steady? For many people in reasonable doses makes some sense. Doesn’t love or hate covered call ETF’s. The income that you get from covered calls is regular taxable income and taxable at your top marginal rate. If there’s a big run up, you forgo some of that gain.
VP & Assoc Portfolio Mgr, Burgeonvest Bick Securities
The income received from covered calls is taxed as income?!
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